DAR ES SALAAM, Oct. 14 (Xinhua) -- The governments of Tanzania and Zambia have resolved to finance the re-capitalization of the ailing Tanzania-Zambia Railway Authority (TAZARA), a statement by TAZARA said on Monday.
The high court in Johannesburg has granted Vedanta Resources an order blocking the liquidation of its Zambia-based Konkola Copper Mines (KCM) company, amid a growing dispute with the government in Lusaka.
The Zambian Government says Chinese enterprise Sinohydro Corporation is expected to complete the construction of the 750-megawatt Kafue Gorge Lower Hydro-power Station next year, a senior Government official has said.
Content Types: ArticleRegions & Countries: ZambiaIndustries: Real Estate & Construction
President Edgar Lungu says his government will continue to devise necessary and conducive conditions for the private sector to flourish. President Lungu noted that supporting the private sector in the journey towards expansion, will in turn lead to the development of the entire country.